Maximizing The Value Of Trusts: How Our Attorneys Can Help
Many people shy away from Trusts because they believe Trusts to be confusing and complicated; however, Trusts are powerful legal vehicles for accomplishing many estate planning goals. When structured correctly, the right kind of Trust can be immensely valuable, providing you with greater flexibility, reduced tax burdens, and numerous other benefits.
At Barna Law, our Trust attorneys can guide you through the decision of whether a Trust is appropriate for your situation. We can advise you of the various types of Trusts and help you put a carefully tailored Trust into place, whether as a standalone Trust or part of a comprehensive estate plan. We handle Trusts for people from all walks of life throughout Wayne, Pike, Susquehanna, Lackawanna, and Monroe Counties.
Types Of Trusts
Our lawyers are very familiar with the full spectrum of Trusts, including:
- Revocable Living Trusts
- Irrevocable Asset Protection Trusts
- Inter Vivos Trusts
- Third-Party Special “Supplemental” Needs Trusts
- Testamentary Trusts
- Trusts for minors
Unlike Wills, which are important but more limited in what they can do, Trusts can be tailored to serve a wide variety of purposes. They can protect assets for your minor children or grandchildren. They can help you plan ahead for Medicaid eligibility. They can spare your loved ones the hassle and expense of the probate process, and they can be an important tool for protecting your home and other assets in the event that you need to reside in a nursing home.
The right type of Trust can give you greater control, leverage, and protection over your assets and the legacy you have worked so hard to build.
Learn More About How To Leverage The Right Trust For Your Situation
We encourage you to equip yourself with the insight you need to make informed decisions. We offer insight backed by many decades of experience with Pennsylvania estate and trust law.
To talk to our attorneys about Irrevocable Trusts, Revocable Trusts, and other types of trusts, please call our firm at 570-559-5658. You can also reach us online.
